HDFC Asset Management Balance Sheet Health
Financial Health criteria checks 5/6
HDFC Asset Management has a total shareholder equity of ₹67.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹73.3B and ₹5.4B respectively. HDFC Asset Management's EBIT is ₹29.4B making its interest coverage ratio 324. It has cash and short-term investments of ₹314.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 324x |
| Cash | ₹314.40m |
| Equity | ₹67.94b |
| Total liabilities | ₹5.35b |
| Total assets | ₹73.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541729's short term assets (₹2.0B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 541729's short term assets (₹2.0B) do not cover its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: 541729 is debt free.
Reducing Debt: 541729 had no debt 5 years ago.
Debt Coverage: 541729 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 541729 has no debt, therefore coverage of interest payments is not a concern.